Analysts Set Post Holdings Inc (NYSE:POST) Price Target at $119.00

Shares of Post Holdings Inc (NYSE:POST) have earned a consensus recommendation of “Buy” from the thirteen analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $119.00.

A number of equities analysts recently weighed in on POST shares. Wells Fargo & Co reissued a “buy” rating on shares of Post in a research note on Wednesday, May 8th. Zacks Investment Research downgraded shares of Post from a “hold” rating to a “sell” rating in a research note on Tuesday, May 7th. Goldman Sachs Group raised shares of Post from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $107.00 to $134.00 in a research note on Monday, May 6th. Evercore ISI initiated coverage on shares of Post in a research note on Tuesday. They issued an “outperform” rating for the company. Finally, BMO Capital Markets lifted their price target on shares of Post from $106.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, May 6th.

NYSE POST traded up $0.24 during mid-day trading on Tuesday, reaching $105.64. 271,785 shares of the stock were exchanged, compared to its average volume of 596,135. Post has a one year low of $83.04 and a one year high of $113.73. The company has a market capitalization of $7.78 billion, a PE ratio of 25.89, a P/E/G ratio of 3.02 and a beta of 0.32. The company has a quick ratio of 1.08, a current ratio of 1.93 and a debt-to-equity ratio of 1.95.

Post (NYSE:POST) last announced its earnings results on Thursday, May 2nd. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.15. Post had a net margin of 4.15% and a return on equity of 10.94%. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter last year, the firm earned $1.06 earnings per share. Post’s quarterly revenue was down 12.5% on a year-over-year basis. As a group, equities analysts expect that Post will post 5.05 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of POST. Marshall Wace North America L.P. bought a new stake in Post during the 1st quarter worth approximately $88,000. Marshall Wace LLP bought a new position in Post in the 1st quarter worth $871,000. Cerebellum GP LLC bought a new position in Post in the 1st quarter worth $332,000. FMR LLC increased its stake in shares of Post by 9.3% in the 1st quarter. FMR LLC now owns 3,648,763 shares of the company’s stock worth $399,175,000 after acquiring an additional 309,004 shares in the last quarter. Finally, V Wealth Advisors LLC bought a new position in shares of Post in the 1st quarter worth about $212,000. 91.46% of the stock is owned by hedge funds and other institutional investors.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

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Analyst Recommendations for Post (NYSE:POST)

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